Mid-South Minority Council Tadp is located in Memphis, TN. The organization was established in 2002. According to its NTEE Classification (S81) the organization is classified as: Womens Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mid-South Minority Council Tadp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Mid-South Minority Council Tadp generated $928.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $855.9k during the year ending 12/2021. While expenses have increased by 7.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BUSINESS SUPPORT FOR WOMEN AND MINORITY OWNED BUSINESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AREA SEVERED IS THE STATES OF TENNESSEE, MISSISSIPPI, AND ARKANSAS. THE MMC-TADP MAY PROVIDE TECHNICAL ASSISTANCE, TRAINING AND DEVELOPMENT AT NO COST OR FEES BASED ON MARKET RATES. THE SCOPE OF TECHNICAL SERVICES, TRAINING AND DEVELOPMENT MAY INCLUDE, BUT NOT LIMITED TO, FORMAL OR INFORMAL, SEMINAR OR STRUCTURED CLASSROOM STYLE FINANCIAL EDUCATION, FINANCIAL MANAGEMENT, AND BUSINESS DEVELOPMENT TRAINING AND PROGRAMMING. THE MEDIUMS OF DELIVERY WILL BE DETERMINED BY CURRENT OFFERINGS IN THE MARKETPLACE AND TECHNOLOGICAL ADVANCES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jozelle Booker Board Member | Officer | 8 | $0 |
Charles Burkett Director | Trustee | 2 | $0 |
Patrice Harris Director | Trustee | 2 | $0 |
Janet Williams Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $917,483 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $917,483 |
Total Program Service Revenue | $0 |
Investment income | $48 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $10,752 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $928,283 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $345,633 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $60,840 |
Payroll taxes | $23,100 |
Fees for services: Management | $6,400 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $4,190 |
Office expenses | $3,469 |
Information technology | $2,623 |
Royalties | $0 |
Occupancy | $63,425 |
Travel | $314 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $800 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $216 |
Insurance | $3,200 |
All other expenses | $220,936 |
Total functional expenses | $855,855 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $295,076 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $6,488 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $100,000 |
Net Land, buildings, and equipment | $354 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $401,918 |
Accounts payable and accrued expenses | $53,826 |
Grants payable | $0 |
Deferred revenue | $95,000 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $148,826 |
Net assets without donor restrictions | $153,092 |
Net assets with donor restrictions | $100,000 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $401,918 |
Over the last fiscal year, we have identified 1 grants that Mid-South Minority Council Tadp has recieved totaling $25,000.
Awarding Organization | Amount |
---|---|
Irvin Lansky Foundation Memphis, TN PURPOSE: TECHNICAL ASSISTANCE AND DEVELOPMENT | $25,000 |
Organization Name | Assets | Revenue |
---|---|---|
Junior League Of Jackson Miss Inc Jackson, MS | $3,953,620 | $1,639,333 |
Junior League Of Nashville Inc Nashville, TN | $21,412,048 | $1,185,359 |
Ladies Of Charity Knoxville, TN | $2,246,400 | $2,172,549 |
Junior League Of Birmingham Inc Birmingham, AL | $16,361,799 | $1,741,016 |
National Council Of Jewish Women Incorporated St Louis, MO | $3,384,578 | $938,037 |
Junior League Of Raleigh Inc Raleigh, NC | $8,361,890 | $889,174 |
National Coalition Of 100 Black Women Inc Atlanta, GA | $2,147,155 | $1,152,800 |
Mid-South Minority Council Tadp Memphis, TN | $401,918 | $928,283 |
Junior League Of Memphis Inc Memphis, TN | $3,746,394 | $974,091 |
Junior League Of Richmond Virginia Richmond, VA | $4,240,848 | $783,625 |
Womens Foundation Of Arkansas Little Rock, AR | $786,349 | $785,014 |
Junior League Of Atlanta Inc Atlanta, GA | $5,094,960 | $1,446,337 |